It looks like you are calculating the velocity of the steam by assuming all of the potential energy is converted to kinetic energy, then assuming your pipe is sized for that velocity and flow rate and calculating its size. These assumptions are improper. Even if the turbine is a velocity type (Pelton), the only place the gravitational potential energy is all converted to kinetic energy is in the turbine itself, at the nozzles. Everywhere else in the system, the pipes would be sized much, much larger to avoid excessive pressure losses due to the high velocity.
However, for a Pelton turbine with a fixed nozzle size of .2361 m^2 and no losses, I believe it to be a reasonable calculation.
However, however, for a real turbine with losses or for a normal turbine which relies more on static pressure than velocity pressure, you'll really want to look at the performance curves to know what the new performance will be. Real performance can vary greatly from the theoretical.